Zomato CEO Deepinder Goyal, in his letter to shareholders, revealed the reason behind changing the company’s name to ‘Eternal.’ Shares closed lower ahead of announcement on Thursday.

As food delivery giant Zomato announced its decision to rebrand its parent company to Eternal Ltd., netizens flooded social media with memes and jokes, prompting the company to issue a clarification.

Zomato, the food delivery company, will no longer be called by the same name, as the company’s board has approved the change in the name (Zomato’s name change), according to its CEO Deepinder Goyal.

Zomato CEO Deepinder Goyal has posted a new job opening for someone with a "second brain," a reference to his search for candidates who are adept at leveraging artificial intelligence (AI) to its fullest potential.

Eighteen people have already joined Zomato and other group companies like Blinkit in high-impact roles, Goyal said.

Zomato has announced a major rebranding move that left many wondering if the popular food delivery app would get a new name. CEO Deepinder Goyal revealed on Thursday that the parent company, Zomato Ltd.

The Board of Director of Zomato Ltd has approved the change in the name of the company from Zomato Ltd to Eternal Ltd.

Food and grocery delivery major Zomato has changed its name to Eternal, with the company's board approving it on Thursday. The change is subject to the approval of shareholders of the company, the Ministry of Corporate Affairs,